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Jindal Steel & Power Ltd gained for a third straight session today. The stock is quoting at Rs 742.5, up 3.23% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.11% on the day, quoting at 20973.4. The Sensex is at 69806.68, down 0.17%. Jindal Steel & Power Ltd has added around 16.62% in last one month. Meanwhile, Nifty Metal index of which Jindal Steel & Power Ltd is a constituent, has added around 11.63% in last one month and is currently quoting at 7439.7, up 0.74% on the day. The volume in the stock stood at 66.63 lakh shares today, compared to the daily average of 20.29 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 746.15, up 2.88% on the day. Jindal Steel & Power Ltd is up 34.54% in last one year as compared to a 12.71% gain in NIFTY and a 11.5% gain in the Nifty Metal index. The PE of the stock is 12.86 based on TTM earnings ending September 23.
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